Series 7: 2.12.5 U.S. Savings Bonds

Taken from our Series 7 Top-off Online Guide

2.12.5  U.S. Savings Bonds

U.S. savings bonds were created in 1935 to broaden citizen participation in government financing by making bonds available in small denominations. Savings bonds offer a fixed rate of interest over a fixed period of time (30 years), with face values ranging from $25 to $10,000. They are non-callable, nontransferable, and nonnegotiable. They cannot be sold in the secondary market; they can only be sold by redeeming them to the U.S. government.

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